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7 groups eye $10-B Sangley airport devt

The provincial government of Cavite has enticed seven groups to bid for the development of the $10-billion Sangley Airport, which has long been eyed...

Pernia sees 6.5-7.2% fourth quarter growth

Socioeconomic Planning Ernesto head Pernia said he is projecting economic growth to hit 6.5 to 7.0 percent in the fourth quarter of the year. “Inflation...

PSEi to take cues from earnings, trade war

Investors will remain on the lookout this week for third quarter corporate earnings and developments on the ongoing trade spat between the United States...

Govt borrowings down in Sept – BTr

National government financing plunged to P1.01 billion in September on the back of domestic debt net redemption and lower foreign borrowings, Bureau of the...

No adverse effect from Bank closures – Bangko Sentral

The closing of two local lenders late last week will have no negative impact on the banking system, the central bank assured. “The closures of...

DA, World Bank in talks for $500-M funding

THE Department of Agriculture (DA) has received commitment from the World Bank (WB) to finance four proposed projects aimed at enhancing agri-fishery extension systems,...

DTI reviews safeguard tariffs on imported cars

THE Department of Trade and Industry (DTI) is studying the application for safeguard measures on imported automobiles, an official said over the weekend. “The DTI...

More products eyed for certification

TRADE Secretary Ramon Lopez said the Department of Trade and Industry (DTI) will investigate the presence of substandard steel in the market, noting they...

Aboitiz not clear on $10-B Sangley bid

ABOITIZ InfraCapital Inc. (AIC), the infrastructure arm of Aboitiz Equity Ventures Inc., is still studying the possibility of bidding for the $10-billion Sangley airport...

Govt frowns at Meralco’s bid process

THE Department of Energy (DoE) reiterated its previous stance that Manila Electric Co. (Meralco) must allow more entities to participate in the second round...

PNP backs scrapping ‘Tokhang’

THE Philippine National Police (PNP) is open to scrapping “Oplan Tokhang” if Vice President Maria Leonor “Leni” Robredo will order it, its spokesman said on Tuesday. Brig. Gen....

7 dead, 20 wounded as troops, NPA clash in Eastern Samar

SIX soldiers and a communist rebel were killed while 20 other troopers were wounded during a firefight on Monday afternoon in Borongan City, Eastern...

LPA intensifies into tropical depression ‘Ramon’

A low pressure (LPA) off the coast east of Visayas has intensified into a tropical depression on Tuesday morning and has been named “Ramon,” the...

Dumaguete broadcaster slay suspect placed on immigration watchlist — Andanar

ONE of the suspects in the murder of Dumaguete broadcaster and blocktimer Mercedario “Dindo” Generoso, has been placed on the immigration lookout list, according...

Duterte, MNLF agree to form peace coordinating panel -Go

THE Government (GPH) and the Moro National Liberation Front (MNLF) on Monday night agreed  to create a peace coordinating committee between GPH and MNLF. Sen....